Spread before costs (cost unknown: a leg has no order-book sample)−0.084%
7d average+0.083%if it closes, per $10,000$8funding while held, a day+$16.61
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps META-USD.P | 726.49 | 0.0050 | pay 0.0006% / 1h | 35m 35s | $852K | $2.8M | 10x |
| Short | edgeX METAUSDC | 725.88 | 0.0604 | get 0.0302% / 4h | 3h 35m | $61K | $324K | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$8.44
- Funding while held
- $16.61
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$5.83
- Spread needed to break even
- 0.140%
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 9 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0554%
- Per $10,000 a day
- +$16.61
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 9 min ago | 5.10 bp | 9.7 bp −$10 | 10.5 bp −$105 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
META price on every exchange
against the cheapest. Click to use as the short leg.META on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX METAUSDCshort | −0.084% | +0.0604% | 4h | $61K | $324K | 10x | |
| Ondo Perps META-USD.Plong | 0.000% | +0.0050% | 1h | $852K | $2.8M | 10x | |
| Phoenix META | +0.003% | +0.0100% | 1h | $283K | $361K | 20x | as long as short |
| Nado META-PERP | +0.024% | +0.0024% | 1h | $394K | $121K | 20x | as long as short |
| Aftermath Perps METAUSD | +0.039% | +0.0244% | 1h | $44K | $47K | 10x | as long as short |
| Phemex METAUSDT | +0.045% | −0.0022% | 4h | $1.9M | $5K | 10x | as long as short |
| Aevo META-PERP | +0.083% | +0.0104% | 1h | $262 | — | 10x | as long as short |
| Arcus META-USD | +0.087% | +0.0040% | 1h | $280K | $278K | 10x | as long as short |
| ApeX Omni METAUSDT | +0.088% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.094% | +0.0100% | 8h | $1K | — | 10x | as long as short |
Phoenix
Phemex
ApeX Omni
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Bitget
Deribit
HTX
Gate
SunX
Aster
Popdex
Polymarket Perps
SoDEX
Bybit
Paradex
tradeXYZ
Variational Omni
Binance
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Extended
Lighter
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Injective
BloFin
Coinbase International